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# Job Prospects: Community College vs. a Bachelor's Degree

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## Video: Job Prospects: Community College vs. a Bachelor's Degree

[Watch (HLS stream): Job Prospects: Community College vs. a Bachelor's Degree](https://cdn.jwplayer.com/manifests/EnfhXuiF.m3u8) (1:37)

![Job Prospects: Community College vs. a Bachelor's Degree](https://cdn.jwplayer.com/v2/media/EnfhXuiF/poster.jpg?width=720)

_Published 2015-12-01. Jamie Merisotis of the Lumina Foundation talks about employment growth for students with 2-year and 4-year degrees._


---

Jul 27, 2023 7:15 PM UTC

---

## More From This Series

[All Videos](https://time.com/video/)

[5 High-Paying Jobs Without a College Degree](/video/pXKTFp6W/)

### 5 High-Paying Jobs Without a College Degree

[Does College Train You for Jobs? Or for Life?](/video/P565EIFy/)

### Does College Train You for Jobs? Or for Life?

[Obama Proposes 2 Years Of Free Community College](/video/BmdnwUfM/)

### Obama Proposes 2 Years Of Free Community College

---


## Transcript

For a lot of American's the idea of community college not being college is rooted in this idea that the four year experience is the ultimate experience. That the bachelor's degree is the ultimate thing that we should be preparing people for and in fact bachelor's degrees are very important In our economy. Interestingly what we've learned since the end of the recession is that the vast majority of the good jobs that have been created are jobs that require a four year degree. So since the end of the recession five and a half million jobs have been created in the U. S. economy. Of that five and a half million jobs roughly 2.

9 million are what economists would call a good job which is they pay above the median wage which is roughly $ 50, 000 a year and they have generally healthcare retirement benefits. Of those 2. 9 million good jobs in the economy that we created since the end of recession 2. 8 million require a bachelor's degree. At the same time, there are a growing number of jobs that do require less than a bachelor's degree, jobs that are in manufacturing, in the service sector, in other industries, healthcare, for which there is growth in those industries, but we don't have the talent to match that growth. And community colleges Are a great place to get that talent.

So thinking about the community colleges play a very important role in preparing people for that future that we collectively need in society. [ MUSIC ]

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